Cosco orders two VLCC newbuildings

Cosco orders two VLCC newbuildings

China’s Cosco (Dalian) has ordered two new 319,000-dwt VLCCs to be built at Dalian COSCO KHI Ship Engineering Co (DACKS).

The contract value was reported today at $92m per vessel, both of which are scheduled for delivery in 2018.

The order brings the company’s orderbook up to 12 VLCCs, plus five 76,000-dwt LR1 product tankers and three 50,000-dwt chemical/product tankers.

 

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.

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